Nintendo reportedly not planning to sell its stake in Mariners

In a story posted online by the Puget Sound Business Journal, Mariners CEO Howard Lincoln is quoted as saying that Nintendo of America has no plans to sell its majority share of the Seattle baseball team.

In the posting by columnist Patti Payne, Lincoln, a member of the board of directors of Nintendo of America, said, “There’s always speculation in times like this. I think I can speak on behalf of Nintendo of America and say that Nintendo has no plans to sell its majority interest in the Mariners.”

Questions about the future ownership of the Mariners were raised last week with the death of 85-year-old that Hiroshi Yamauchi, who led Nintendo for more than half a century. Yamauchi bought a majority share of the Mariners in 1992, helping to keep the team in Seattle. He transferred his ownership shares to Nintendo of America in 2004.